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China Yuchai Entered Agreementt For Sale Of Suzhou Remanufacturing Unit To Beijing Liandong For RMB 179.94M

China Yuchai Entered Agreementt For Sale Of Suzhou Remanufacturing Unit To Beijing Liandong For RMB 179.94M

中国玉柴签订协议,以人民币1.7994亿元向北京联东出售苏州再制造厂
Benzinga ·  2023/12/31 22:55

China Yuchai International Limited (NYSE:CYD) ("China Yuchai" or the "Company), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("GYMCL"), today announced that GYMCL has recently entered into an agreement with Beijing Liandong Jinyuan Management Technology Co., Ltd. ("Beijing Liandong") for the sale of GYMCL's 100% equity holding in Yuchai Remanufacturing Services (Suzhou) Co., Ltd. ("Suzhou Reman") to Beijing Liandong. The consideration for the transaction will be in the form of cash and it will be paid into an escrow account in phases. The consideration is RMB 179.94 million, along with the book value of cash and cash equivalents and an agreed-upon fair value for the equipment in Suzhou Reman as of the settlement date. The transaction is subject to, amongst others, the receipt of approval of the Suzhou Industrial Park Administrative Committee.

中国玉柴国际有限公司(纽约证券交易所代码:CYD)(“中国玉柴” 或 “公司”)是最大的动力总成解决方案制造商之一,其在中国的主要运营子公司广西玉柴机器股份有限公司(“GYMCL”)今天宣布,GYMCL最近与北京联动金源管理技术有限公司(“北京联动”)签订了出售GYMCL的协议向北京联动持有玉柴再制造服务(苏州)有限公司(“苏州再制造”)的100%股权。该交易的对价将以现金的形式支付,并将分阶段支付到一个托管账户。对价为人民币1.7994亿元,加上现金和现金等价物的账面价值以及截至结算日的苏州再制造设备的商定公允价值。除其他外,该交易需要获得苏州工业园区管理委员会的批准。

译文内容由第三方软件翻译。


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